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Contact to issue EGP 2.5-3 bn sukuk in 3Q2021
Contact Financial Holding, formerly Sarwa Capital Holding, will issue sukuk worth EGP 2.5-3 bn in 3Q2021 in a bid to…
THIS MORNING: Vodafone Egypt close to finishing DD on Bee, Masary; Ever Given hearing today; Iran nuclear pact at risk after ultraconservative elected prez.
Good morning, friends, and welcome to a new workweek — and to the last day of spring. Summer officially starts…
Juhayna's former chairman sees detention extended + Contact Financial wants in on the central bank’s mortgage program
Juhayna's ex-chairman’s detention extended: The State Security Criminal Court has ordered that Juhayna's former Chairman Safwan Thabet’s detention be extended…
Ebtikar sets IPO deadline by 4Q2021
Ebtikar has narrowed the deadline for its planned EGX debut to 4Q2021, after having eyeda larger window within 2H2021 to…
Also on our radar on 10 June 2021
Other things we’re keeping an eye on this morning: Some 20% of the USD 7 bn Russian Industrial Zone (RIZ)…
Sovereign Sukuk Act gets early nod at the House
Sovereign sukuk get early House nod: The House of Representatives has approved “in principle” the long-awaited Sovereign Sukuk Act in…
More leasing, please.
GlobalCorp Financial Services is in talks with seven banks to borrow at least EGP 1.4 bn to back its leasing…
Are we in for an IPO-heavy 2H2021?
The Egyptian Exchange could see as many as five more companies offer shares for sale before the year is out,…
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